Prime Minister Narendra Modi and French President Emmanuel Macron have called for enhancing trade and investment ties between their countries and committed to further deepening their engagement in the Indo-Pacific. They discussed a full spectrum of bilateral relations, including key global and regional issues, and stressed the urgent need for reform in the United Nations Security Council. The leaders also underscored their commitment to ensuring the global AI sector can drive positive social, economic, and environmental outcomes.
Asia's richest man Gautam Adani, besides looking at opportunities to expand his vast empire, is hooked on ChatGPT - the programme that trawls vast amount of information to generate natural-sounding text on virtually anything - from crafting jokes to writing ad copy, debugging computer code, to even generating poems and essays. Adani, whose conglomerate has in recent years diversified from mines, ports and power plants into airports, data centres and defence, penned musing from his visit to Davos to attend the World Economic Forum meeting. "From a meetings perspective, this was perhaps my busiest WEF as I met over a dozen heads of states and several business leaders," he wrote on LinkedIn, talking of new geopolitical couplings, climate change and tight-lipped evangelists and AI.
Let's make some effort to make it come true and close the gender gap once and for all.
The World Economic Forum last week named former Clinton Administration official, erstwhile Congressional staffer and longtime Democratic Party activist Shamina Singh, 41, as one of its Young Global Leaders for 2010.
The world wants to halt climate change, but do it without affecting economic growth and consumption. This fundamental contradiction is the key theme at Davos 2020.
'In Hindi, Mr Modi is unequalled as an exceptionally accomplished orator.'
Let's have a look at 12 where women get the best deal.
For 2012, the forum has selected 192 YGLs from 59 countries.
India on average lost 44.85 years of a lifetime due to Type 1 diabetes in 2021.
India's share in world tourist inflows was only 0.64 per cent in 2012. It could only attract 6.97 million foreign tourists during 2013.
Gates was referring to the impact of the United Nation's Millennium Development Goals, especially about the goal to reduce child mortality.
The six-day long World Economic Forum annual meet, which will see participation of over 100 Indian business and political honchos as well as global leaders, began here today and fiscal woes in the world economy are expected to dominate discussions.
Schwab is in New Delhi for the India Economic Summit, which has been organised by the WEF in partnership with Indian industry chamber Confederation of Indian Industry.
Asked if the impasse with 'minus one' would continue, he said he hopes that someday even the 'minus one' comes around to regional cooperation.
As hundreds of world's rich congregate for the World Economic Forum Annual Meeting in Davos, many of them have also scheduled meetings with Swiss bankers to devise new strategy for their hidden wealth.
On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.
A nation touted at places like the World Economic Forum in Davos a few years ago as an economic superpower in the making is only just beginning to address the problem that only 27 per cent of children in class 5 in its village schools can subtract.
Citing India's commitment to deep economic reforms and ease of doing business, Prime Minister Narendra Modi asserted on Monday that this is the best time to invest in the country as policy-making is focussed on the needs for the next 25 years for a 'clean and green' as well as 'sustainable and reliable' growth period. In his special address to the World Economic Forum's online Davos Agenda 2022 summit, Modi underlined a host of reform measures undertaken by his government to stress that it has worked to reduce the administration's interference in business by deregulating many sectors and to clear the way for free trade agreements with different countries. India was once associated with "license raaj", he noted and highlighted the measures, including reduction of corporate tax to boost business and doing away with over 25,000 compliance requirements.
The government emphasised that the country's credit strengths were 'much better' than most similar-rated economies.
While India has scored well on parameters like workforce and employment, it has fared poorly for health and wellness of its labour force, WEF said.
For the fiscal year ending March 31, India's GDP growth was 5 per cent, down from 6.2 per cent the previous year.
The Forum will host a special session on 'The reality of terrorism', to be initiated by Union home minister P Chidambaram. The deputy chairman of the Planning Commission, Montek Singh Ahluwalia, and commerce and industry minister Anand Sharma will be part of the Indian delegation.
Telecom market leader Bharti Airtel on Thursday said the industry will need to raise tariffs as margins of operators are getting hurt at the current rate but ruleditself out to be the first to take the step.
The government is committed to restricting fiscal deficit at 5.3 per cent of GDP this financial year and has no immediate plans to go for additional market borrowings, a senior government official said.
Tourism accounts for nine per cent of global GDP and is projected to represent one in every 10 jobs by 2022.
According to the research, the digital transformation comes with its own share of risks.
According to the report, the competition deficit is more pronounced in three core areas -- innovation and entrepreneurship, mobilising talent, and product and service market efficiency.
The solution to globalisation is decentralisation and the solution to multilateralism is reformed multilateralism, not a 1945-version of multilateralism, External Affairs Minister S Jaishankar has said.
Chinese foreign ministry spokesperson Hua Chunying said Chinese President Xi Jinping called for moving globalisation to a more open, inclusive, universal, balanced and win-win direction.
India on Saturday pulled off a big diplomatic win after the G20 summit held under its presidency adopted a consensus declaration overcoming major differences on the Russia-Ukraine war, as Prime Minister Narendra Modi called for ending the "global trust deficit".
Comptroller and Auditor General Vinod Rai, whose reports on irregularities in coal block allocations and 2G telecom spectrum had created a major political storm, deprecated the "brazenness" with which the decisions were being taken, calling it "appalling".
'The policies announced by his administration are implemented faster.'
Out of the 214 Young Global Leaders who were honoured for leadership and service to society, 109 are women.
According to the minister, India needs to expand its manufacturing sector to boost exports and ensure sustainability.
Amid rising geopolitical risks, a vast majority of Indian CEOs have indicated in a survey that they are reducing or planning to reduce operating costs, even as they are more upbeat than their global peers on their country's economic prospects. However, most of the companies do not plan to cut their headcount or salaries, found the annual Global CEO Survey released by consultancy giant PwC here on the first day of the World Economic Forum meeting on Monday. The survey also found that about four in ten CEOs (40 per cent of global and 41 per cent of India respondents) do not expect their companies to be economically viable in 10 years if they continue on their current path.
India's ranking declined by three places to 59th position in the Global Competitiveness Index 2012 2013.
85 per cent of countries have improved their gender equality ratios.
Although it has not been able to sell stake in any PSU so far this fiscal, the government will be able to meet the Rs 30,000 crore disinvestment target set for 2012-13, according to Department of Economic Affairs secretary Arvind Mayaram.
India and China continued to grow at reasonable rates even when several developed countries witnessed economic contraction.
At Davos on Thursday, all eyes were on China's vice-premier Li Keqiang, tipped to become the next Chinese prime minister.